Under $500K Investment Properties for Sale in Diamond, IL
Listed for sale 2 days ago
$ 175,000
ROI
24.4
Cash Flow/m
226- 2 Bed
- 1 Bath
- 1389 sft
2485 E Division St, Diamond, IL, 60416
$ 296,000
ROI
24.4Cash Flow/m
382- 2 Bed
- 1 Bath
- 1380 sft
1020 E Division St, Diamond, IL, 60416
Fix & Flip
$ 299,900
ROI
25.4Cash Flow/m
473- 3 Bed
- 2 Bath
- 1350 sft
235 N School St, Diamond, IL, 60416
$ 355,000
ROI
21.2Cash Flow/m
147- 3 Bed
- 4 Bath
- 1920 sft
1160 Heritage Dr, Diamond, IL, 60416
Why Invest in Diamond, Illinois?
Investing in properties under $500k in Illinois presents a unique opportunity for emerging investors. With a diverse economy and strong job growth, Illinois is poised for steady rental income and appreciation potential. Investors can expect a competitive rental yield and a favorable cap rate in this price segment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
There are numerous investment opportunities in Illinois for properties priced under $500k, particularly in suburban areas with growing rental demand. These properties can provide a balance of rental income and potential appreciation.
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